Information technology stocks advanced more than 5% at midday Monday.
Xero (ASX:XRO) gained 8% in recent trade.
On the flip side, the healthcare sector struggled, shedding nearly 2%.
CSL (ASX:CSL) shares fell almost 2% in recent trade.
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Asia
Naipu Mining Machinery Enters Three-Year Partnership With Zijin Mining; Shares Jump 6%
Naipu Mining Machinery (SHE:300818) signed a three-year strategic cooperation agreement with Zijin Mining Group (SHA:601899, HKG:2899), effective May 14.Under the deal, the company will supply slurry pumps and wear-resistant parts, with priority order fulfillment during capacity constraints, according to a Monday filing with the Shenzhen bourse.The agreement includes full lifecycle equipment management, joint research and development for extended equipment life, overseas project collaboration and consignment inventory models.Shares of the mining equipment and spare parts distributor rose 6% in recent trade.
$HKG:2899$SHA:601899$SHE:300818
Asia
Peijia Medical Unit Wins China Distribution Rights for B. Braun Intracranial Balloon Catheter
Peijia Medical (HKG:9996) subsidiary Achieva Medical entered into a distribution agreement with B. Braun Medical for the mainland China distribution of the SeQuent Please CIS paclitaxel drug-coated intracranial balloon dilatation catheter, according to a Monday Hong Kong bourse filing.The product is designed to treat intracranial vascular diseases and to deliver paclitaxel precisely to diseased blood vessel walls during balloon dilatation to reduce the risk of restenosis.
$HKG:9996
Asia
Dajin Heavy Industry Secures Over 2 Billion Yuan in Shipbuilding Deals
Dajin Heavy Industry (SHE:002487) signed contracts worth about 2.05 billion yuan to build four 211,000 deadweight tonnage bulk carriers for Norwegian and Greek shipowners.The about 300-meter-long vessels will be delivered in batches in 2029, according to a Monday filing with the Shenzhen bourse.Shares of the shipmaker rose 4% in recent trade on the Shenzhen bourse.
$SHE:002487